Topic: Economic Advisory Board

Lawrence Summers, head of the President's Economic Advisory Board, reportedly fell asleep during a financial summit. This incident is compared to the Japanese finance minister's recent public struggles. The G20 nations are noted to be coordinating a secretive response to the global financial crisis.

President Obama's Economic Recovery Advisory Board is scrutinized for its heavy inclusion of corporate CEOs and venture capitalists. Named members include Jeffrey Immelt of GE, John Doerr of Kleiner Perkins, and Charles Phillips of Oracle. The hosts characterize this alliance between government and major corporations as a move toward corporatism or fascism.